Motilal Oswal analysts maintain a 'Neutral' rating on KFin Technologies, setting a target price of Rs 1,200, indicating a potential 10% upside. They highlight KFin's dominant position in India's mutual fund record-keeping, managing assets worth Rs 25 lakh crore (32.5% market share), which provides stable revenue due to high switching costs for fund houses. The firm's international business is also experiencing significant growth at 30% annually.